PGIM Global High Yield Fund
GHY
84 hedge funds and large institutions have $304M invested in PGIM Global High Yield Fund in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 19 reducing their positions, and 8 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 19
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $288M → $304M (+$15.9M)
2% more funds holding
Funds holding: 82 → 84 (+2)
1.32% more ownership
Funds ownership: 48.48% → 49.8% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$24.5M |
| 2 |
Cohen & Steers
New York
|
+$5.09M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.51M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.03M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$8.49M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.87M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.12M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$5.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$693K |
GHY Hedge Fund Activity: Q1 2021 in Review
84 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PGIM Global High Yield Fund (GHY) for Q1 2021, worth a combined $304M — up 5.5% from $288M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GHY positions and 8 closed out — a net gain of 2 holders — while 40 added to existing stakes and 19 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $24.5M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $8.49M sold.
- 84 institutional investors held PGIM Global High Yield Fund (GHY) as of Q1 2021, up from 82 in Q4 2020.
- Funds reported $304M of PGIM Global High Yield Fund stock for Q1 2021, up 5.5% quarter-over-quarter.
- 10 funds opened new PGIM Global High Yield Fund positions in Q1 2021 and 8 closed out, a net change of +2 holders.
- The largest PGIM Global High Yield Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $24.5M added.
- The largest PGIM Global High Yield Fund seller in Q1 2021 was JP Morgan Chase, an estimated $8.49M sold.
Based on aggregated 13F filings for Q1 2021.